UPDATED:
10/17/2024 11:36 PM
Key Details
Property Type Condo
Sub Type Condo/Co-op
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,640 sqft
Price per Sqft $331
Subdivision Ramsgate
MLS Listing ID PACT2085138
Style Colonial
Bedrooms 6
Full Baths 3
Half Baths 3
Condo Fees $275/mo
HOA Y/N N
Abv Grd Liv Area 2,640
Originating Board BRIGHT
Year Built 1970
Annual Tax Amount $5,712
Tax Year 2024
Property Description
Attractive, recently updated. Units A-10, A-11 and D-39 at Ramsgate, a student townhouse community. Walking distance to West Chester University. Two have STUDENT RENTAL PERMITS, the third is leased to non students. Low taxes and low condo fee. All utilities are paid by tenants or condo association. Gross rent $78,000, expenses $16,613 for an NOI of $61,387. Cap rate 7.0%. Condo handles exterior maintenance and there is always a waiting list of tenants. (Gross rent scheduled to increase to $82,800 for next school year.)
Location
State PA
County Chester
Area West Chester Boro (10301)
Zoning NC2
Rooms
Other Rooms Laundry
Interior
Interior Features Dining Area
Hot Water Electric
Heating Baseboard - Electric
Cooling Wall Unit
Inclusions All appliances in as is condition. Washers, dryers, refrigerators
Equipment Washer, Dishwasher, Disposal, Refrigerator
Fireplace N
Appliance Washer, Dishwasher, Disposal, Refrigerator
Heat Source Electric
Laundry Upper Floor
Exterior
Amenities Available None
Waterfront N
Water Access N
Accessibility None
Parking Type Off Street, On Street, Parking Lot
Garage N
Building
Story 2
Foundation Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade
New Construction N
Schools
School District West Chester Area
Others
Pets Allowed Y
HOA Fee Include Insurance,Lawn Care Front,Lawn Care Rear,Lawn Care Side,Lawn Maintenance,Management,Reserve Funds,Sewer,Snow Removal,Trash,Water
Senior Community No
Tax ID 01-10 -0337
Ownership Condominium
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Pets Description Number Limit
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